July 14, 2024

Newsexplorersng

…. for news amd more news

Shortage In Gas Supply Is Responsible For High Cost Of Cooking Gas- NNPC Boss, Kyari

2 min read

Mojisola Lawal

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said difficulties in sourcing for adequate supply of gas is responsibility for high cost of cooking gas.

Kyari, made the statement during a visit to the headquarters of the Department of Petroleum Resources (DPR) in Abuja on Tuesday.

According to him, “Today, this country is under supplied with gas. I can tell you that we are having difficulty feeding our network across the country with gas, every day; it is a trouble to deliver gas. Once your supply is weak, it will affect pricing.”

He stated that the supply mechanism of LPG is very weak, that is why NNPC and others are collaborating extensively to ensure that they are able to extract LPG from gas resources so that it is made available to the market. Once supply becomes high, definitely, the price will definitely be impacted.

He, however, said the corporation is working with other sister agencies to ensure adequate supply of gas is available for domestic use.

He said: “If we do this, all cylinders will not be of any use. That is why I don’t see them used in many developed countries. When we are able to power thermal gas plants across the country and very close to the users, ultimately, homes will be run with electric cookers and utensils and that way, you will have less need for cylinders. We are transiting and we will continue to add more volume into the market so that we bring down the prices.

“The excess availability of the commodity would also aid in stabilising power supply and distribution in the country as thermal plants will supply power generating companies’ gas which are affordable and accessible.”

 

Views: 0

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | Newsphere by AF themes.